What is 'Professional Client'? | Freetrade Dictionary

More terms

Accounting standards

The rules a company follows when preparing financial statements.

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Base rate

What's the base rate?

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Fundamentals

The data or information that is likely to impact a company's stock price.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Yield

Income from an investment as a percentage of its current price.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Professional Client